Dassault Aviation société anonyme (OTCMKTS:DUAVF) Sees Large Growth in Short Interest

Dassault Aviation société anonyme (OTCMKTS:DUAVF) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 19,580 shares, a growth of 278.3% from the August 15th total of 5,176 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 164 shares, the short-interest ratio is currently 119.4 days.

Dassault Aviation société anonyme Price Performance

OTCMKTS:DUAVF traded up $0.99 during midday trading on Friday, hitting $330.99. 15 shares of the company were exchanged, compared to its average volume of 192. The company has a fifty day simple moving average of $341.29 and a 200 day simple moving average of $354.25. Dassault Aviation société anonyme has a fifty-two week low of $302.22 and a fifty-two week high of $425.30.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Dassault Aviation société anonyme in a research report on Friday, July 24th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Dassault Aviation société anonyme Company Profile

Dassault Aviation société anonyme is a French aerospace company that designs, develops, manufactures and supports military aircraft, business jets and related aerospace systems. The company traces its origins to 1929, when Marcel Bloch established an aircraft manufacturing business; it adopted the Dassault Aviation name in 1971.

Its military aviation portfolio includes the Rafale multirole fighter, which is operated by the French armed forces and international customers, as well as the Mirage 2000 fighter and other specialized aircraft.